February 22, 2008 / 3:22 PM / in 10 years

Toronto stocks tumble as commodities drop

TORONTO, Feb 22 (Reuters) - The Toronto Stock Exchange’s main index opened higher but quickly dropped more than 100 points on Friday morning as commodities prices fell and investors soured on a C$1.36-billion takeover announced by Royal Bank of Canada (RY.TO).

The S&P/TSX composite index .GSPTSE fell 100.31 points, or 0.7 percent, to 13,409.24.

    $1=$1.01 Canadian Reporting by Jonathan Spicer; Editing by Peter Galloway

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below